Financial Crisis

Part of the debate – in the House of Commons at 4:22 pm on 20 January 2009.

Alert me about debates like this

Photo of Philip Hammond Philip Hammond Shadow Chief Secretary to the Treasury 4:22, 20 January 2009

While the hon. Gentleman is on the subject of the budgetary framework, has he considered the impact on UK demand and the UK fiscal position of the much higher price that our contributions to the Union will cost the UK Government as a result of the depreciation of sterling against the euro?